Morningstar SRRI

Lower Risk

Higher Risk

1

2

3

4

5

6

7

Potentially Lower ReturnsPotentially Higher Returns

Source: Morningstar

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Investment Objective

The investment objective of the fund is to provide long-term capital appreciation by investing primarily in equity or equity related securities of small and mid-capitalisation companies domiciled in the US, or which derive a large proportion of their income from US activities. These are primarily listed or traded in the US or Canada.

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Portfolio Profile29/02/2020

Morningstar Style Box®

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Equity Style

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Top Holdings

Name

Sector

%

IncreaseDecreaseNew since last portfolio

AMN Healthcare Services Inc

Healthcare

2.70

Brown & Brown Inc

Financial Services

2.59

Wintrust Financial Corp

Financial Services

2.50

Community Bank System Inc

Financial Services

2.50

ICU Medical Inc

Healthcare

2.26

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Asset Allocation %

Long

Short

Net

Stocks

97.55

0.00

97.55

Bonds

0.40

0.00

0.40

Cash

9.54

7.49

2.05

Other

0.00

0.00

0.00

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Top Stock Regions

Region

%

United States

94.90

Canada

3.51

United Kingdom

1.59

Latin America

0.00

Eurozone

0.00

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Top Stock Sectors

Stock Sector

%

Financial Services

22.23

Industrials

16.44

Healthcare

16.02

Technology

14.72

Consumer Cyclical

10.94

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AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.